ACTIVE

ASSOCIATE DIRECTORS

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Financial year 2024 · closed on 31/12/2024

Net result

72,1 k €

+26.0% YoY

Gross margin

471,6 k €

+51.3% YoY

Equity

694,9 k €

-10.2% YoY

What does ASSOCIATE DIRECTORS do?

ASSOCIATE DIRECTORS is a Private limited company incorporated in 1991. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.202.896

Incorporation

07/03/1991

Legal form

Private limited company

Registered office

Helmstraat 139 box A
2140 Antwerpen · FlandreSee on map

Contributed capital

20 162,40 €

Latest accounts

31/12/2024

Activities (NACE)

59113Motion picture, video and television programme production activities· main 59113Motion picture, video and television programme production activities 92113Gambling and betting activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	471,6 k €	+51.3%	311,8 k €	+196%	105,4 k €	-48.4%	204,5 k €	-6.1%	217,8 k €	+14.3%	190,5 k €	+63.5%	116,5 k €	+32.7%	87,8 k €	-49.3%	173,1 k €	-16.9%	208,4 k €	-18.8%	256,6 k €	-32.6%	380,9 k €	+475%	66,3 k €	+8.4%	61,1 k €	-2.5%	62,7 k €	+27.0%	49,4 k €	+39.7%	35,4 k €	-53.0%	75,2 k €	-13.0%	86,5 k €
EBITDA	432,4 k €	+56.8%	275,8 k €	+215%	87,4 k €	-55.5%	196,7 k €	-6.2%	209,7 k €	+25.5%	167,1 k €	+84.0%	90,9 k €	+38.3%	65,7 k €	-61.8%	171,9 k €	-16.9%	206,9 k €	-14.6%	242,2 k €	-25.0%	322,8 k €	+1112%	26,6 k €	-15.4%	31,5 k €	+66.7%	18,9 k €	+41.6%	13,3 k €	+40.9%	9,5 k €	-81.8%	52,1 k €	+10.4%	47,3 k €
Operating result	80,4 k €	+17.2%	68,6 k €	+345%	-27,9 k €	-187%	32,2 k €	+1863%	-1,8 k €	-102%	96,3 k €	+905%	-12 k €	-111%	-5,7 k €	-117%	33,6 k €	+1122%	-3,3 k €	-124%	13,9 k €	-88.9%	124,9 k €	+1632%	7,2 k €	-66.3%	21,4 k €	+242%	6,3 k €	+1107%	-621,4 €	+92.5%	-8,3 k €	-123%	36,6 k €	-6.1%	39 k €
Net result	72,1 k €	+26.0%	57,2 k €	+299%	-28,7 k €	-223%	23,3 k €	+554%	-5,1 k €	-105%	95,1 k €	+749%	-14,6 k €	-35.8%	-10,8 k €	-144%	24,4 k €	+1285%	-2,1 k €	-115%	13,6 k €	-84.1%	85,4 k €	+968%	8 k €	-54.9%	17,7 k €	+111%	8,4 k €	+1818%	-489,7 €	+83.3%	-2,9 k €	-109%	33,9 k €	+14.8%	29,5 k €
Balance sheet
Equity	694,9 k €	-10.2%	774,1 k €	+14.4%	676,4 k €	+0.9%	670,5 k €	+48.0%	453 k €	-22.8%	587,2 k €	+35.4%	433,7 k €	-1.8%	441,5 k €	+20.7%	365,8 k €	-8.8%	401,2 k €	-31.7%	587,1 k €	-0.7%	591,2 k €	+39.8%	422,9 k €	+94.0%	218 k €	+43.3%	152,2 k €	+5.9%	143,8 k €	-0.3%	144,3 k €	-2.0%	147,2 k €	+29.9%	113,3 k €
Total assets	858,9 k €	-8.6%	939,5 k €	+21.4%	773,7 k €	+2.3%	756,2 k €	+30.2%	580,7 k €	-17.1%	700,3 k €	+32.0%	530,5 k €	+3.1%	514,4 k €	+22.1%	421,3 k €	-23.4%	550,3 k €	-21.3%	699,4 k €	-8.8%	766,7 k €	+40.3%	546,4 k €	+93.1%	283 k €	+34.0%	211,2 k €	-0.3%	211,9 k €	+4.8%	202,2 k €	-3.8%	210,1 k €	+48.4%	141,5 k €
Cash	140,8 k €	+5.3%	133,7 k €	+57.6%	84,8 k €	-60.4%	214,2 k €	+303%	53,2 k €	-21.4%	67,7 k €	-30.2%	97 k €	-9.6%	107,3 k €	+66.6%	64,4 k €	-48.5%	125,1 k €	+12.2%	111,5 k €	+114%	52,1 k €	+20.8%	43,2 k €	-73.2%	160,7 k €	+25.7%	127,9 k €	+551%	19,6 k €	-86.0%	140,1 k €	+24.3%	112,7 k €	+89.8%	59,4 k €
Debts	137,3 k €	+38.2%	99,3 k €	+81.8%	54,6 k €	-12.0%	62,1 k €	+113%	29,2 k €	-65.2%	83,7 k €	+37.7%	60,8 k €	+15.3%	52,7 k €	-4.7%	55,3 k €	-62.8%	148,8 k €	+33.2%	111,7 k €	-36.1%	174,8 k €	+41.8%	123,3 k €	+148%	49,8 k €	+7.7%	46,3 k €	-32.2%	68,2 k €	+17.8%	57,9 k €	-7.9%	62,9 k €	+123%	28,2 k €
Other
Workforce	–		–		–		–		–		–		–		0,7 ETP		–		–		0,2 ETP	-86.7%	1,5 ETP	+15.4%	1,3 ETP	+18.2%	1,1 ETP	+22.2%	0,9 ETP	+50.0%	0,6 ETP	-40.0%	1,0 ETP	0.0%	1,0 ETP	-37.5%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

Bram CROLS

Director · since 01 mai 2007

Active

JAN LAPEIRE

Director · since 01 mai 2007

Active

Marc DAEMS

Managing director · since 01 mai 2007

Active

Ended mandates

Mark DAEMS

Managing director · since 01 mai 2007

Ended

BRAM CROLS

Director

Ended

JAN LAPEIRE

Director

Ended

JAN LAPEIRE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DocADdict● Active	0899.318.573
Factory● Active	0844.832.287
RED FISH● Active	0474.004.059

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/06/2025	27/08/2024	19/08/2023	29/06/2022	18/06/2021	10/09/2020
General meeting	25/06/2025	21/06/2024	28/04/2023	28/06/2022	19/05/2021	09/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	25/06/2025	27/06/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	27/08/2024	Dutch	PDF
Micro model	31/12/2022	28/04/2023	19/08/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	19/05/2021	18/06/2021	Dutch	PDF
Micro model	31/12/2019	09/09/2020	10/09/2020	Dutch	PDF
Micro model	31/12/2018	26/04/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	27/04/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/04/2017	31/05/2017	Dutch	PDF
Abridged model	31/12/2015	22/04/2016	19/08/2016	Dutch	PDF
Abridged model	31/12/2014	24/04/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	25/04/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	14/08/2012	Dutch	PDF
Abridged model	31/12/2010	22/04/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	24/04/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/04/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/04/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

Bram CROLS

Director · since 01 mai 2007

Active

JAN LAPEIRE

Director · since 01 mai 2007

Active

Marc DAEMS

Managing director · since 01 mai 2007

Active

Ended mandates

Mark DAEMS

Managing director · since 01 mai 2007

Ended

BRAM CROLS

Director

Ended

JAN LAPEIRE

Director

Ended

JAN LAPEIRE

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office06/08/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/07/2007
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/01/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202472,1 k €↑
2023
Annual accounts 202357,2 k €↑
2022
Annual accounts 2022-28,7 k €↓
2021
Annual accounts 202123,3 k €↑
2020
Annual accounts 2020-5,1 k €↓
2019
Annual accounts 201995,1 k €↑
2018
Annual accounts 2018-14,6 k €↓
2017
Annual accounts 2017-10,8 k €↓
2016
Annual accounts 201624,4 k €↑
2015
Annual accounts 2015-2,1 k €↓
2014
Annual accounts 201413,6 k €↓
2013
Annual accounts 201385,4 k €↑
2012
Annual accounts 20128 k €↓
2011
Annual accounts 201117,7 k €↑
2010
Annual accounts 20108,4 k €↑
2009
Annual accounts 2009-489,7 €↑
2008
Annual accounts 2008-2,9 k €↓
2007
Annual accounts 200733,9 k €↑
2006
Annual accounts 200629,5 k €
07/03/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ASSOCIATE DIRECTORS

Overview

What does ASSOCIATE DIRECTORS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline